LEGN - Week In Review: Everest Announces 2 In-Licensings With Total Value Of $1 Billion
- Shanghai Everest Medicines in-licensed a BTK inhibitor for renal diseases from Suzhou Sinovent and SinoMab Bio in a $561 million deal.
- The company also announced a $500 million two-part deal with Providence Therapeutics of Calvery, Canada for mRNA products.
- Cue Health, a San Diego company with a home testing kit for COVID-19, filed for a $180 million IPO on Nasdaq that values the company at $2 billion.
- Nanjing Legend Biotech has started a US Phase 1 trial of its autologous CD4 CAR-T therapy for lymphoma.
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Week In Review: Everest Announces 2 In-Licensings With Total Value Of $1 Billion